Uni-Fuels Holdings Limited (NASDAQ:UFG) Short Interest Down 56.6% in September

Uni-Fuels Holdings Limited (NASDAQ:UFG - Get Free Report) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 73,700 shares, a decline of 56.6% from the August 31st total of 169,800 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average daily trading volume, of 1,310,000 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 1,310,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.4% of the shares of the company are sold short.Uni-Fuels Trading Down 71.2%Shares of NASDAQ:UFG opened at $1.45 on Friday. The business has a 50-day moving average of $5.36. Uni-Fuels has a fifty-two week low of $1.12 and a fifty-two week high of $11.00. Hedge Funds Weigh In On Uni-FuelsA hedge fund recently bought a new stake in Uni-Fuels stock. Marex Group plc purchased a new position in Uni-Fuels Holdings Limited (NASDAQ:UFG - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 46,882 shares of the company's stock, valued at approximately $105,000. Marex Group plc owned about 0.16% of Uni-Fuels as of its most recent filing with the Securities and Exchange Commission. About Uni-Fuels (Get Free Report)We are a service provider of marine fuels solutions headquartered in Singapore. We market, resell and broker marine fuels products such as very low sulfur fuel oil (“VLSFO”), high sulfur fuel oil (“HSFO”), and marine gas oil (“MGO”). We offer these products to shipping companies and marine fuels suppliers worldwide in-port and offshore.Featured StoriesFive stocks we like better than Uni-FuelsWhat to Know About Investing in Penny StocksGeneral Dynamics Hits New Highs: Why It Might Keep ClimbingHow to Evaluate a Stock Before Buying Nike’s Turnaround: If the Shoe Fits, Buy It!Expert Stock Trading Psychology TipsNVIDIA Breaks Out to New Highs: What Comes Next?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Uni-Fuels Right Now?Before you consider Uni-Fuels, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Uni-Fuels wasn't on the list.While Uni-Fuels currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here